Business

Image caption Metro Bank chair Vernon Hill, pictured with dog Duffy, founded the bank in 2010 Metro Bank has said its plans to raise £350m to strengthen its finances are “well advanced” as it tries to quell questions over its financial health. The bank’s shares have plummeted around 75% since January when it announced it […]

Image copyright AFP Image caption British brothers Gopichand and Srichand Hinduja have a combined net worth of £22bn, the Sunday Times estimates The billionaire Hinduja brothers have been named as the wealthiest people in the UK for a third time, according to the Sunday Times Rich List. Sri and Gopi Hinduja saw their fortune increase

VIEQUES, Puerto Rico ― It looks like something out a brochure advertising what renewable energy could offer a remote, storm-ravaged island. Electrical lines still hang perilously from poles across the street, but inside the mint-green, one-story Ciudad Dorada senior center, fans blow cool air and refrigerators stocked with insulin and other medicines run cold even

Media playback is unsupported on your device Media captionChinese Vice-Premier Liu He says talks should progress in a “principled” manner President Donald Trump says US-China relations remain “very strong” despite the two countries being embroiled in a trade war. Mr Trump said talks between Washington and Beijing will continue even after a deadline passed on

Image copyright PA Image caption Mr Corbyn will say that young people’s work “should be properly valued” Labour will extend its plans for a higher £10 an hour minimum wage to include workers under the age of 18, party leader Jeremy Corbyn is to say. Currently, under-18s are entitled to a minimum wage of £4.35

Party City announced it will permanently shutter 45 of its stores amid a helium shortage that had literally deflated its balloon sales, although the company does not blame the closures on that sinking supply.  The company, which runs roughly 870 locations, said Thursday that the closures will take place throughout the rest of 2019. However,

Image copyright Reuters Image caption Uber has floated on the New York Stock Exchange Uber entered a new era as a publicly listed firm on Friday, but shares fell in early trading to $42 (£32.20). Boss Dara Khosrowshahi was among those who rang the opening bell of the New York Stock Exchange to begin trading.

BEIJING (AP) — President Donald Trump’s latest tariff hikes on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade tensions. The Trump administration raised duties on $200 billion of Chinese imports from 10% to 25%. China’s Commerce Ministry said it would impose “necessary

Image copyright Reuters Amazon entrepreneur Jeff Bezos has unveiled a mock-up of a new lunar lander spacecraft that aims to take equipment and humans to the Moon by 2024. The unmanned, reusable Blue Moon vehicle will carry scientific instruments, satellites and rovers. It will feature a new rocket engine called BE-7 that can blast 10,000

Three Muslim Somali women employed at an Amazon warehouse outside Minneapolis filed a federal discrimination complaint against the company this week, alleging they faced retaliation from managers after protesting their work conditions. The women say Amazon violated the Civil Rights Act of 1964 by failing to accommodate their religious needs, prioritizing white employees for promotions